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- LoopNet Team
1565 Flag Harbor Blvd
Saint Leonard, MD 20685
Marine Service and Boatyard · Specialty Property For Sale · 2,500 SF
Investment Highlights
- Consistent income producer. In operation since the 1980’s.
- 9 +/- acres fee simple. Large barn/workshop can accommodate boats up to 40’. County assessed land value is $791,900.
- Upside: Expand storage area. Buy additional slips in the neighboring dockominuim. Build a marina-view residence on the vacant 1.74+/- acre parcel
- Current yard storage capacity for approximately 75 boats. Excess land for yard storage expansion.
- Haul-out capacity for boats up to 45’. Lift well is 16.5’ wide. 20-Ton travel lift/boat lift.
- Upside: Add boat lifts to the 17 slips for additional rental income. Introduce boat brokerage (captive audience with the neighboring 168 slip marina)
PROPERTY FACTS
About 1565 Flag Harbor Blvd , Saint Leonard, MD 20685
Flag Harbor, an hour drive from Washington DC and Annapolis MD, is located in a sheltered harbor on the Chesapeake Bay. The land being offered for sale is zoned Marine Commercial. The approximately 9 acres of upland is owned fee simple. County assessed land value is $791,900. 17 slips are included in the offering (part of the neighboring 168 slip Flag Harbor Yacht Haven dockominium). Slips fully redone in 2014 (outer pilings, docks, electric, water). The estimated cumulative slip resale value is approximately $250,000.
PROPERTY TAXES
| Parcel Number | 01-040944 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $691,800 |
PROPERTY TAXES
zoning
| Zoning Code | R1 |
| R1 |
